Disclaimer
Definition of "Disclaimer"
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.
Popular Real Estate Terms
Something that cannot be taken, returned, or revoked. An example is an irrevocable trust formed by a person giving her real estate to a trust administrator. ...
See common law. ...
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Upon satisfaction of a mortgage or other debt payments, the deed releases property, or a portion of it, form the incumbrance. Often it is used in circumstances where a deed of trust is ...
Judicial finding that the debtor owes an amount exceeding the value of the collateral put up for the defaulted loan. ...
Matters that need to be rectified in a home or building prior to its sale or acceptance by a new owner. For example, a leaking water pipe should be repaired prior to showing the property to ...
Lender who possesses the collateral of the borrower if the loan is defaulted upon. ...
A major factor in depreciation resulting from wear and tear from use and natural deterioration through interaction of weather elements may cause depreciation to a structure. ...
Way to obtain a faster decision in a legal case than going to a trial. Procedural rules are followed so there is less time involved in gathering the effects of the dispute and in ...
Comments for Disclaimer
I signed a disclaimer without knowing what it was at the time. Now I am getting a divorce and he is selling. Will i still get half the property value?
Apr 18, 2022 15:49:37Hey Pamela! Thank you for reaching out to us! When it comes to disclaimers, it depends solely on what is specified in the disclaimer and what isn't. For this situation seeing as we have very limited information related to your situation, we advise you to either contact a real estate attorney or a divorce attorney in order to figure out the best corse of action.
Apr 19, 2022 11:51:36Have a question or comment?
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